Liverpool have agreed a new deal with Neco Williams worth more than £8million in total.

The Merseyside giants announced earlier this week that the right-back, 18, has put pen to paper on a five-year contract.

A Liverpool source has told Football Insider that Williams’ second professional deal is worth in excess of £30,000-a-week.

The sum of the agreement, which runs until the summer of 2025, is more than £8m as is supplemented by top-up bonuses.

Liverpool have handed Williams such lucrative terms on the back of an impressive campaign in which he followed up his senior debut last October with 10 more first-team appearances.

Jurgen Klopp has big plans for the defender and is ready to hand him even more game time next season as part of a carefully formulated development plan.

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Williams, who primarily plays on the right flank but can also slot in at left-back as he did against Brighton last month, signed his first professional contract with Liverpool in January of last year.

Now 19, he he has been rewarded for a breakthrough campaign in which he made 11 appearances in all competitions as Liverpool clinched the Premier League title with a whopping 99 point haul.

Williams featured in six of the club’s final nine games of the season – one more than the minimum requirement of five matches needed to qualify for a Premier League winners’ medal.

The new contract follows new deals for fellow rising stars Curtis Jones and Harvey Elliott.

In other news, Liverpool have been tipped to replace Divock Origi with red-hot rising star next season.